Caledonia tables US$11 million energy war chest

Caledonia Mining Corporation CEO Mark Learmonth, centre, with executive director Victor Gapare and CFO Ross Jerrard during a media briefing on the company’s operations and outlook in Zimbabwe.

GOLD producer, Caledonia Mining Corporation (Caledonia) is planning to increase its sustaining capital expenditure by US$11 million to implement a long-term solution to the recurring power challenges at Blanket Mine. The group’s total capital expenditure for 2026 is projected at US$162,5 million, focusing on exploration and development of other mining assets. According to the group,…

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